Ukrainian soybean export in December 2023 amounted to 436 000 tons, which is inferior to the record for November (528 000 tons) in recent years, but is 22% higher than in December 2022.

In total, since the beginning of the 2023/24 season (September 2023), Ukrainian companies have exported 1,6 million tons of soybeans compared to last year’s figure of 1,2 million tons.

For the 2023 calendar year, Ukrainian soybean export amounted to 3,5 million tons, compared to 2 million tons in 2022 and only 1,1 million tons in 2021.

From the point of view of export of soybean processing products, the season started quite briskly. The export of soybean oil in December amounted to 26 thousand tons, in the first four months of the new season alone - 108 thousand tons (for comparison, for September-December 2022 - 86 thousand tons). In average, during the 2022/23 season, Ukraine exported approximately 277 000 tons of soybean oil (an average of 23 000 tons per month), which is equivalent to 1,4-1,5 million tons of soybeans.

The export of soybean meal in the first four months of the new season amounted to 260 000 tons against 158 000 tons in the corresponding period of the previous year.

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